RYTHU
BANDU PATHAKAM
In order
to prevent distress sale of Agril. Produce by the
farmers in the state. The Government had formulated a scheme for providing
short term advances to farmers. This scheme is called Rythu
Bandhu Pathakam.
The
main objective of Ryhthu
Bandhu Pathakam is to make
available the advance to the needy farmers against pledge of stock so as to prevent them from resorting to distress
sale of their produce particularly
during glut and giving them temporary financial support interms of need. The scheme is being implemented by all the
AMCs in the State.
After
bifurcation, the Telangana Government has enhanced
Loan Amount from Rs. 1,00,000/- to Rs.
2,00,000/- under Rythu Bandu
Pathakam (Pledge loan scheme to prevent farmers from
distress sales) without interest up to
180 days.